What is Wrong with Gasoline Prices?

Paper Summary:

This paper takes a look at the price of gasoline and how we need to increase gasoline prices to prevent all our national policies from being determined by our thirst for oil. According to the paper, US foreign policy has become a hostage to ensuring adequate supplies of imported oil.

Outline:
Context of the Problem
Statement of the Problem
Research and Review of the Problem
Crude Oil Prices and its Impact on Gasoline Prices
Political Impact of Higher Energy Prices
Objective of Study: To Advocate Higher Gasoline Prices Potential Benefits of Higher Energy Prices
Environmental Impact
Global Warming
Significance of the Study
Research Design & Methodology
Discussion

From the Paper:

"The carbon dioxide produced by motor gasoline in 2003 was equivalent to 311 million metric tons of carbon [Bureau of Transportation Statistics, 2005]. If we could achieve even 10% improvement in energy efficiency through use of lighter cars, it would save million of tons of oil and also reduce the carbon emission by 30 million tons. The 10% target is not just possible it is very realistic and even now a family car is about 25% more fuel efficient than a light truck (a term also applied to SUVs). The federal corporate average fuel economy (CAFE) standards set the fuel economy goals for new passenger cars at 27.5 miles per gallon (mpg). The regulations do not classify SUVs as cars but as light trucks. The light trucks only have to achieve 20.7 mpg. Even this is taken as an average of all light trucks and some SUVs operate at 12 mpg and can remain on the road legally. Some SUVs like Ford Excursions don't even qualify as light trucks and are not subject to CAFE standard."

Sample of Sources Used:

• Baliunas, S., The Kyoto Protocol and Global Warming, retrieved from Internet on 21st May 2006 http://www.lavoisier.com.au/papers/articles/Baliunas.pdf#search='Kyoto%20Protocol%20and%20Global%20Warming', May 2002
• Bradbrook, A., Improving End-Use Energy Efficiency in the Road Transport Sector, retrieved from Internet on 21st May 2006, http://www.unescap.org/esd/energy/publications/end-use_series39/end-use_chapter3.pdf#search='environmental%20Impact%20of%20Energy%20Conservation%20in%20transport%20sector'
• Bureau of Transportation Statistics, retrieved from Internet on 21st May 2006 http://www.bts.gov/publications/national_transportation_statistics/html/BTS Table 4-49 U_S_ Carbon Dioxide Emissions from Energy Use by Sector.htm
• Bureau of Transportation Statistics, retrieved from Internet on 21st May 2006 http://www.bts.gov/publications/national_transportation_statistics/html/table_04_05.html, 2005b
• Caruba, A., Al Gore's gasoline lies, retrieved from Internet on 21st May 2006, http://www.enterstageright.com/archive/articles/0700gaslies.htm, July 24, 2000

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